Name: Bhagat Nimesh Vinodchandra
Address: E209, Jains Carlton Creek,
Khajaguda, Near DPS
Hyderabad – TS - 500089
E-mail: Nimesh_27@[Link]
Mobile: +91-9870621498
Summary
Investment Banking professional with 11 years of experience, SME in OTC derivatives legal documents
and collateral management, with risk management perspective foucsing on strong governance and
controls.
Work Experience
Wells Fargo International Solutions Private LTD. (Hyderabad)
Designation: Senior Assistant Vice President
Joined: April, 2022
Job Profile:
Managing legal operations for New Business team including Negotiations team and Agreements
Management team (Records retention team)
Working directly under senior Negotiators as a paralegal and with other Paralegals based in US, by
providing support activities thereby complying to standard procedures under different aspects of
getting a deal finalized and executed.
SME in various agreements negotiated like ISDA MA, CSA, MRA/GMRAs etc
Reviewing countersigned agreements/amendments and sub-documents as a risk review activity of
4-eye check before final review from Negotiator and credit risk team individuals. Include credit
terms, approval emails from credit, Authorized signatories etc.
Placing necessary email communications and approvals received from Negotiators, Sales and
credit under the segregated counterparty folders for audit and future reference.
Creating records for each executed agreement document in system and mapping it with the
counterparty as a unique record for future reference saved in the database.
Identifying breaks if any from the digitized versions of the agreements and correcting the same to
be in line with the executed version of the main document.
Assisting other sub teams by providing necessary support to manage the BAU.
Extracting required amendments agreement versions from shared drives and retention tools as
when required by various associated teams.
Collaborating with technology team on calls and operate projects, to direct them towards the
system issues and suggest workarounds/resolutions and improvement ideas for cost saving.
Performing as an individual contributor professional role and also managing team of 10 members
across Hyderabad. Additionally providing support and guidance to all the members to create and
foster an environment of continuous improvement.
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Setting up weekly connects with business and US stakeholders with agendas of resourcing project
timelines, dashboard discussions, etc.
Attending quick calls setup for discussion on escalations and burning issues within teams across
the functions and providing inputs to streamline processes, assisting in placing controls to avoid
such scenarios
Collecting various data to be provided to senior management like RTO, L&D etc and also creating
dashboards and updating the data on system tools.
Raising access and creating team training plans/cross-trainings/back-ups, getting regular inputs
from team and improvising the same to benefit the business. Having individual connects with
team.
Barclays Global Service Centre Pvt Ltd. (Pune)
Designation: Assistant Manager
Joined: April, 2020 to April, 2022
Job Profile:
Managing operations for OTC Collateral and New business services team for London entity.
Creating new client agreement setups in Ops system tool as instructed by Legal and onboarding teams
Digitizing the executed master agreements prioritized as per the to be active/go live dates in systems
Implementing amendment agreement changes triggered on the existing setups
Performing additional risk checks before approving new ISDA – CSA setups or amendments
considering upstream and downstream impact
Reaching out to internal teams to work out on ad-hoc ISDA – CSA amendments to existing setups
requested by Sales/Credit Risk teams for contingent clients
Interpreting clauses and providing necessary evidences from the master agreements to internal stake
holders as requested to suffice client raised discrepancies/disputes
Extracting essential legal documents like ISDA MA, CSA, Amendments, Fund Annexes from
internal legal web tool database to meet queried requirements and communicating interpretation of
critical clause from the agreements
Organizing team meetings, presentations, Quarterly Town Halls and fun activities across region
driving global team culture
Governing daily BAU with help of set controls and developing additional controls for better
governance and smooth functioning
Training new team member to bring them up the learning curve and assisting with application access
and account requests
HCL Tech Ltd. (Pune)
Designation: Lead Analyst – F&A
Tenure: June, 2019 to March, 2020
Job Profile:
Representing Barclays and managing operations for OTC Collateral and Margin services
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Covering risk triggered on back of MTM exposure for the bank by making sure all margin calls are
covered and funds received.
Covering monthly Interest calculated based on the collateral holdings for huge client database of
+10k clients with bank
Governing daily BAU with help of set controls and developing additional controls for better
governance and smooth functioning
Collateral Margin servicing by working and responding to critical queries from client and internal
stakeholders
Resolving cash/securities breaks by working out with clients by requesting/providing SWIFT
messages/instructions and reviewing them, locating funds internally in various nostro and custody
accounts, handling client money and covering CASS breach
Actively using global applications like Acadia, DTCC, E.M for margin process
Driving projects for automation of margining tool by collaborating with technology team and
representing operations team, eventually saving resource hours for the process
Reviewing SSI and making sure setting up of the instructions in internal system by helping team with
performing callback verification and performing incoming callback verifications representing the
bank
Reaching out to internal teams to work out on ad-hoc ISDA – CSA amendments to existing setups
requested by Sales/Credit Risk teams for contingent clients
Interpreting clauses and providing necessary evidences from the master agreements to internal stake
holders as requested to suffice client raised discrepancies/disputes
Extracting essential legal documents like ISDA MA, CSA, Amendments, Fund Annexes from
internal legal web tool database to meet queried requirements and communicating interpretation of
critical clause from the agreements
Organizing team meetings, presentations, Quarterly Town Halls and fun activities across region
driving global team culture
Training new team member to bring them up the learning curve and assisting with application access
and account requests
Running daily SOD huddle calls with team to allocate work, brain storm on issues/escalations and
actions to be performed on the day
Publishing daily MIS, break reports, outstanding margin calls and issues, other various ad-hoc reports
requested by Client, internal stakeholders and Management
eClerx Services Ltd. (Mumbai)
Designation: Associate Process Manager
Tenure: June, 2015 to May, 2019
Job Profile:
Performing data model creation activity, rule book creation and assisting senior
management in its finalization with investment bank (client) requirements
Proposing accurate data points on codification activity to clients to ensure risk elements
of the agreements are identified which are beneficial to the client
Sound knowledge of derivatives agreements like, ISDA MA, Legacy CSA, IM/VM CSA,
ACA, CTA, MSFTA, GMRA, SLA and more
Managing direct repartees count of 5 team members
Understanding client systems for data codification and training the team on the same to
increase production
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Preparing various reports like MBRs, QBRs, Dashboards, Projections and Timelines,
team leaves tracker, weekly decks for client calls, and more
Participating in daily, weekly and other governance calls with clients and internal stake
holders
Helping the team trainings and with daily queries on challenging clauses and terms, of
non-standard agreements, while communicating the same with client for resolutions on
email or calls
Performing RCA on the client feedback with senior management to revert with detailed
report
Part of CSA outreach project worked with one of the leading law firm and investment
banks with a view of providing whole bouquet of services related to Collateral
Documents to assist them in meeting with regulatory requirements
Drafting and Outreach various Counterparties with requirements to amend ISDA IM/VM
CSAs
Negotiating with stakeholders and sharing a final agreement for execution
Daily reporting to senior management and client for process updates and status
Handling Process updates and Client calls on daily / weekly basis
Project Achievement: As per Client feedback, the Closure Rate of Executed Agreements
was much higher as compared to other competitors
Working with technology team on robotics, AI and machine learning programs for
automation of production activities promoted by the senior management.
XL Dynamics India Private, Ltd. (Mumbai)
Designation: Financial Analyst
Tenure: Jan, 2015 to June 2015
Job profile:
Financial pre-risk analysis of mortgage loans and processing
Document risk review of KYC and other loan application documents, auditing
reviewed loan application cases with checks and controls to cover risk for the
bank before approving for further processing
Assisting [Link] (Relationship Managers) on documentation and other
requirements to be provided to senior underwriters of the bank
Highlighting additional control checks wherever required for better quality
output of the process
Tata Consultancy Services, Ltd. (Mumbai)
Designation: Senior Associate
Tenure: June, 2014 to Dec, 2014
Job Profile:
Worked for client DHL UK Imports
Performing the role of a SIC, Shift In charge
Assisting mangers on reporting work for higher management and client requirements
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Assisting to Team leader and senior management on ad-hoc activities
Coordinating with client and operations managers for meeting hourly deadlines of
shipments (Output)
Digitizing scanned airway bills and invoice
Performing audits and other checks to maintain quality SLA
Allocation of work and meeting daily targets as per set SLA
Assisting technology teams to improve in-house system and upgrades
Working in rotational shifts as per process requirements
Training team members, sharing process updates and assisting on queries
Tata Consultancy Services, Ltd. (Mumbai)
Designation: Associate Trainee
Tenure: Dec, 2010 to Dec, 2011
Job Profile:
Worked for client DHL UK Imports
Digitizing scanned airway bills and invoice
Performing audits and other checks to maintain quality SLA
Working in rotational shifts as per process requirements
Academic Qualification
Qualification Institute Board/University Passing Year
M.B.A (Finance) O.I.M (Navi Mumbai) Mumbai University 2014
B. Com (B&I) Model College, Thane, Mumbai Mumbai University 2010
HSC Model College, Thane, Mumbai Maharashtra State Board 2007
SSC Holy Cross English School, Thane. Maharashtra State Board 2005
Achievements, Skills and Activities
Part of National Conference held on “Challenges to Indian Management: Today and
Tomorrow”, What CEOs want from High Performance Managers and “High
Performance Leadership Conclave”
Member of the Career development and Campus Placement Cell at O.I.M
Worked with NSS, Walk for One India and Akshara Program.
Winner of MPL (Model Premier League) Cricket T20 Tournament, Gamers
Championship and Quiz Contest
DCA (Diploma in Computer Applications), MS-Office.
Sound knowledge of computer hardware and software
Personal Details
Date of Birth: -27/03/1989
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Gender: -Male
Marital Status: -Married
Nationality: -Indian
Languages: -English, Hindi, Gujarati, and Marathi
Passport: -Available
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